Builders & Investors Alert! Flat 50' x 120' lot with laneway access in South Nanaimo, fully serviced to the lot line and zoned R5, offering exciting development potential under current BC housing legislation. Potential for up to four residential units, including two homes with suites or a coach/carriage home, subject to municipal approvals. Excellent sun exposure, partial fencing, and convenient access from both Victoria Road and the rear lane. Located minutes from schools, parks, shopping, restaurants, downtown Nanaimo, BC Ferries, Hullo, seaplanes, and Nanaimo Airport. A highly attractive opportunity for builders, investors, or those looking to build a custom home with future income potential. No GST when building your principal residence. Contact Sean McLintock at 250-729-1766, sean@seanmclintock.com, or visit macrealtygroup.ca for the complete information package and property video. Buyer to verify all information if important.
Data was last updated August 9, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
121
Avg list price:
$529,900
Min list price:
$159,900
Max list price:
$2,380,000
Avg days on market:
53
Min days on market:
2
Max days on market:
545
Avg price per sq.ft.:
$390.26
These statistics are generated based on the current listing's property type
and located in
Na South Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.